Beijing Wants Young Chinese Workers to Love Capitalism Again
Dispirited by pandemic lockdowns and a massive real estate crisis, today’s young Chinese workers are dreaming less about becoming super-rich entrepreneurs and more about the workaday lives of bureaucrats. Their new distaste for private-sector jobs has caught the attention of the ruling Chinese Communist Party, which is trying to change opinions and recruit for private-sector manufacturing jobs that are going begging.
In this week’s episode of “Stephanomics,” reporter Tom Hancock discusses the unrest brewing among China’s youth. Many have newly minted degrees and a growing number have embraced…
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